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EMA Ribbon Trend LITE
EMA Ribbon Trend LITE
A lightweight trend and structure indicator using EMA ribbons, SuperTrend, Bollinger Bands, and pivot levels to help identify market direction and potential entries.
Key Features
EMA Ribbons (Trend Structure):
White Ribbon (Fast, EMA 13): High, Close, Low
Slow Ribbon (EMA 89): High (yellow), Close (orange), Low (purple)
Market State Rules:
Flat / Choppy Market: Any overlap between the fast EMA ribbon and slow EMA ribbon → market considered neutral, avoid trading.
Trending / Potential Entry: All three EMA 13 lines fully above or below all three EMA 89 lines → trend separation detected. Table updates to BULLISH or BEARISH depending on direction.
Pivot Levels:
Highlight potential support and resistance points based on trend-aligned pivots
Green lines = bullish pivot lows (support)
Red lines = bearish pivot highs (resistance)
Can be combined with SuperTrend and Bollinger Band filters for stronger trade signals
Additional Tools:
SuperTrend Filter: Optional trend confirmation
Bollinger Band Filter: Optional volatility filter for pivots
Table Display:
Shows NEUTRAL, BULLISH, or BEARISH in the bottom-left corner for quick trend reference
How to Use Pivots in Real-Time:
Identify trend direction by watching EMA ribbons:
Ribbons fully separated → trend confirmed
Overlapping ribbons → flat/choppy market, avoid trading
Watch pivot levels for potential entries:
Green lines: bullish pivot lows → potential support, look for long entries
Red lines: bearish pivot highs → potential resistance, look for short entries
Use SuperTrend and Bollinger Band filters to strengthen signals:
Confirm trend alignment before taking trades
Only enter trades when pivots align with the trend and filters
Monitor how price reacts at pivot levels:
Break above a green pivot low in a bullish trend → continuation
Rejection at a red pivot high in a bearish trend → continuation of downtrend
Avoid trading when EMA ribbons overlap or pivots are ambiguous → market is indecisive
TL;DR:
Lightweight trend indicator using EMA ribbons, SuperTrend, Bollinger Bands, and pivot levels.
Trend: EMA 13 fully above/below EMA 89 = bullish/bearish, overlap = flat
Pivots: Green = bullish lows (support), Red = bearish highs (resistance)
Filters: SuperTrend & Bollinger Bands can confirm entries
Table: Shows NEUTRAL, BULLISH, or BEARISH for quick reference
Use EMA separation + pivot reactions for real-time trade decisions.
A lightweight trend and structure indicator using EMA ribbons, SuperTrend, Bollinger Bands, and pivot levels to help identify market direction and potential entries.
Key Features
EMA Ribbons (Trend Structure):
White Ribbon (Fast, EMA 13): High, Close, Low
Slow Ribbon (EMA 89): High (yellow), Close (orange), Low (purple)
Market State Rules:
Flat / Choppy Market: Any overlap between the fast EMA ribbon and slow EMA ribbon → market considered neutral, avoid trading.
Trending / Potential Entry: All three EMA 13 lines fully above or below all three EMA 89 lines → trend separation detected. Table updates to BULLISH or BEARISH depending on direction.
Pivot Levels:
Highlight potential support and resistance points based on trend-aligned pivots
Green lines = bullish pivot lows (support)
Red lines = bearish pivot highs (resistance)
Can be combined with SuperTrend and Bollinger Band filters for stronger trade signals
Additional Tools:
SuperTrend Filter: Optional trend confirmation
Bollinger Band Filter: Optional volatility filter for pivots
Table Display:
Shows NEUTRAL, BULLISH, or BEARISH in the bottom-left corner for quick trend reference
How to Use Pivots in Real-Time:
Identify trend direction by watching EMA ribbons:
Ribbons fully separated → trend confirmed
Overlapping ribbons → flat/choppy market, avoid trading
Watch pivot levels for potential entries:
Green lines: bullish pivot lows → potential support, look for long entries
Red lines: bearish pivot highs → potential resistance, look for short entries
Use SuperTrend and Bollinger Band filters to strengthen signals:
Confirm trend alignment before taking trades
Only enter trades when pivots align with the trend and filters
Monitor how price reacts at pivot levels:
Break above a green pivot low in a bullish trend → continuation
Rejection at a red pivot high in a bearish trend → continuation of downtrend
Avoid trading when EMA ribbons overlap or pivots are ambiguous → market is indecisive
TL;DR:
Lightweight trend indicator using EMA ribbons, SuperTrend, Bollinger Bands, and pivot levels.
Trend: EMA 13 fully above/below EMA 89 = bullish/bearish, overlap = flat
Pivots: Green = bullish lows (support), Red = bearish highs (resistance)
Filters: SuperTrend & Bollinger Bands can confirm entries
Table: Shows NEUTRAL, BULLISH, or BEARISH for quick reference
Use EMA separation + pivot reactions for real-time trade decisions.
Geschütztes Skript
Dieses Script ist als Closed-Source veröffentlicht. Sie können es kostenlos und ohne Einschränkungen verwenden – erfahren Sie hier mehr.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Geschütztes Skript
Dieses Script ist als Closed-Source veröffentlicht. Sie können es kostenlos und ohne Einschränkungen verwenden – erfahren Sie hier mehr.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.